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Nasdaq Falls 0.97% as Chip Rally Fizzles, June 10
Nasdaq Composite falls 0.97% to 25,678.82 as chip stocks retreat. S&P 500 down 0.26%. Oil prices drop on Middle East ceasefire hopes.
Scandal-Hit Rajesh Exports Shares Hit 5% Lower Circuit for 5th Straight Session After SEBI Allegations
The crisis surrounding Rajesh Exports has deepened as the company’s shares reportedly hit the 5% lower circuit for the fifth consecutive trading session. The sharp decline comes after serious allegations from the Securities and Exchange Board of India (SEBI), triggering panic among investors and raising fresh questions about corporate governance at one of India’s best-known…
SoftBank Weighs Alternative Fundraising After $6B OpenAI Margin Loan Discussions Slow
SoftBank is reviewing new fundraising avenues after discussions over a $6 billion margin loan tied to its OpenAI stake lost momentum. The Japanese investment giant has been aggressively expanding its artificial intelligence portfolio, making fresh capital a key focus for investors tracking its next move. SoftBank Faces Financing Hurdle in OpenAI-Backed Loan Plan SoftBank initially…
Swiss Hydrogen Stations Close as Agrola Exits Market, June 10
Agrola closes three hydrogen stations by end of 2026, signaling challenges for hydrogen vehicle adoption in Switzerland.
Bitcoin Falls Below $62,000 as ETF Outflows Accelerate, June 10
Bitcoin trades at $61,673.66, down 2.76% as ETF outflows hit $4.4 billion. Meyka rates BTC C+. Analysts predict $46,000 bottom or $250,000 by 2028.
Oil Reserves Depleting as Hormuz Blockade Persists, June 10
Iran war threatens oil supplies as Strait of Hormuz blockade persists. Brent crude near $100/barrel with risk of price shock in H2 2026.
Global Market Update: S&P 500 Futures Fall 0.2%, Hang Seng Futures Drop 0.7%, Topix Slides 0.3%
The Global Market opened with a cautious tone as investors reacted to renewed geopolitical tensions, rising oil prices, and uncertainty ahead of key inflation data from the United States. Early trading showed S&P 500 Futures down 0.2%, Hang Seng Futures lower by 0.7%, and Japan’s Topix index slipping 0.3%, indicating a softer start across major…
Bank of Canada Signals No Quick Fix for Housing Market, June 09
Bank of Canada maintains steady housing policy as debt-stressed households face mortgage renewal challenges and refinancing pressures.
SingPost Expands MyBlock Service to All HDB, Condos by Sept 30
SingPost@MyBlock expands to all HDB and condo blocks by Sept 30, 2026, with new S$30M sorting hub processing 300,000 parcels daily.